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Nigeria's daily gas production drops to 7,574.68 mmscf — Investigation

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Nigeria’s daily gas production drops to 7,574.68 mmscf Investigation
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By Udeme Akpan
Despite its over 200 trillion standard cubic feet, scf of gas reserves, Nigeria’s daily gas production dropped to 7,574.68 million metric standard cubic feet, mmscf in 2020, based on data collated from the monthly reports of the Nigerian National Petroleum Corporation, NNPC.
Year-on-Year, YoY, the output produced by the Joint Ventures, JV, Production Sharing Contracts companies and Nigerian Petroleum Development Company, NPDC, showed a drop of 4.43 per cent compared to 7,918.34 mmscf produced in the corresponding period of 2019.
However, on Quarter on Quarter, QoQ, the nation recorded 7,99.93 mmscf in the first quarter (January – March) of 2020, indicating a decrease of 2.69 per cent compared to 8,218.91 produced in the corresponding period of 2019. ....

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In the Secretive World of Government-to-Government Lending, 100 Chinese Debt Contracts Offer a Trove of New Information

WASHINGTON DC, Apr 9 2021 (IPS) - Is Chinese financing good for developing countries? This has become a provocative question, freighted with ideology, geopolitics, and commercial rivalries. That doesn’t mean it isn’t worth trying to answer factually and empirically.
Yet, taking stock of China’s lending activities has long been hindered by the lack of publicly available data on dimensions like loan volumes and interest rates, let alone more esoteric features like loan collateral or default contingencies.
The past year brought new worries about debt vulnerabilities exacerbated by the COVID crisis. This renewed attention in forums like the G20 and G7 has also brought some progress when it comes to publicly available information on basic lending data, with significant new data releases covering China and other major creditors by the World Bank. ....

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Communique of NGA Industry Multilogues 2: 12th International Conference Edition

The COVID-19 pandemic has significantly impacted the way people live, connect, shop and discover. This was more evident during Ramadan, a period of introspection and celebration for nearly 2 billion people. During Ramadan, people want to come together, whether virtually or socially distanced, to share the joy with loved ones. Despite inevitable differences to recent years, we will see the emergence of new discovery and shopping behaviours.
To better understand the behaviours of people who observe Ramadan and who shop for this season, Facebook IQ, Facebook’s insights and research division, in partnership with YouGov, a global public opinion and data company, has unveiled findings of a study conducted during Ramadan 2020, with over 17,000 respondents across eleven countries including Nigeria. Approximately 1,500 interviews were completed with samples that were representative of the adult online population across age, gender and region in each market. The research explored a ra ....

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Arik Air Healthy before AMCON's Takeover, Says Okon

Chinedu Eze
Former owners of Nigeriaâs major carrier, Arik Air, have taken issue with Asset Management Corporation of Nigeria (AMCON) over the circumstances that led to the takeover of the airline on February 9, 2017.
The Vice-Chairman of the former management of the airline, Senator Anietie Okon, told THISDAY in an exclusive interview that the airline was in full operation with 69 scheduled flights on the day it was taken over.
He was reacting to the claim by AMCON that the airlineâs services were disrupted due to paucity of operational funds when it was put under receivership.
Okon said as at the takeover period, Arik Air had about 3,200 Nigerian staff, adding that the airline under AMCON now has fewer than 600 personnel as labour crisis brews occasionally due to the inability of the new managers to pay workers regularly. ....

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POWER Digest [April 2021]

POWER Digest [April 2021]
powermag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from powermag.com Daily Mail and Mail on Sunday newspapers.

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